Property inspection can be arranged during business hours, 10:00 am to 3:00 pm, Monday to Friday. 
What Is an Investment Property? An investment property is real estate purchased to earn a return on the investment either through rental income, the future resale of the property, or both. An individual investor, a group of investors, or a corporation may hold the property. An investment property can be a long-term endeavour or a short-term investment. With the latter, investors will often engage in flipping, where real estate is bought, remodelled or renovated and sold at a profit within a short time frame.
What is “Flipping”? Flipping describes purchasing and holding an asset for only a short time before re-selling it and making a huge profit.
This spacious 6-bedroom home is a secure investment. This property is located just 8 minutes from central Wellington.
The LIM report, current Builder's Report, and Code Compliance Certificate are available. There are no outstanding building issues. Fully Insulated for heat
The house spans 411 sq.m and boasts four decks that offer breathtaking elevations for views of the hills and valley, totalling 480 sq.m with outside decks—Sun from sunrise to sunset. 
The Board of Trustees is selling to downsize. They are now in their 80s and love the comfort this home provides. It is nearly maintenance-free. The Trustee will consider all offers.
Property Features: Double-glazed tinted joinery allows you to conveniently drive in and enter the warmth of the house regardless of the weather conditions. There is level access from the garage to the lift, which services all floors. The house is fully carpeted for cosiness and warmth. There is also a central vacuum system for all floors.
The garage has a large cellar room, offering ample space for storage or even a potential living area. The garage also includes a toilet and a spacious storage utility with plentiful shelving.
First Floor (One Double Bedroom Apartment)
Second Floor Bedroom area
Two spacious double (large) bedrooms featuring built-in wardrobes provide ample storage space. Two single bedrooms, one of which offers a picturesque valley view with a small deck, create a serene ambience.
The versatile exercise room can easily be converted into a single bedroom, a nursery, or an office to accommodate your family's evolving needs.
A bathroom caters for a bath, a shower, a vanity and a toilet. Plus, a separate toilet.
The generous separate laundry room has all the inside requirements and two large outdoor clotheslines, ensuring convenient and efficient laundry drying in the fresh outdoor air.
Master Bedroom Features
A generously sized main bedroom with an inbuilt tea/coffee-making facility.  Two walk-in wardrobes seamlessly transition into the bathroom, which features a shower, indulgent spa bath, and toilet elevated by underfloor heating.
The entire floor is carpeted, providing warm comfort. All three bathrooms have underfloor heating. The house also opens to its own fully fenced private outside patio, adorned with tiling and boasting a personal BBQ area that overlooks lovely hills and valley views.
The Top Floor (Living & Dining Area) is a spacious open-plan dining and kitchen area that seamlessly flows into a separate formal lounge. All offer stunning, uninterrupted views from large sliding doors that open into two decks. There is abundant natural light from sunrise to sunset. The modern kitchen boasts sleek granite benchtops, a ceramic cooktop, a double oven, a waste master, and a convenient walk-in pantry, making it perfect for both practicality and style. Its design ensures that entertaining is a delight.
Outdoor space creates an inviting alfresco ambience, perfect for savouring the breathtaking views. Additionally, from the lounge, it opens to a fully fenced patio with a generously sized enclosed built-in BBQ area and tiled flooring, providing a wonderful space for outdoor enjoyment.
Rental income and deductions. Owning an investment property means that any rental income must be reported as taxable to New Zealand Inland Revenue; your Accountant can advise you in that direction. However, investors can deduct many expenses for maintaining and managing the property. Everyday deductible expenses include:
– Property WN City Rates and taxes
– Mortgage interest
– Property management fees
– Repairs and maintenance costs
– Depreciation of the property
These deductions can significantly lower taxable income, making investment properties a tax-efficient income source.
A handy guide to investing is to study Supermoney.com